Nevada’s Economy: Southern Nevada Housing Market Shows Signs of Recovery

Nevada's Economy- Southern Nevada Housing Market Shows Signs of RecoverySouthern Nevada housing prices are on the rise and most Las Vegans consider that a good sign after housing prices began to slide about six years ago. A lack of supply is contributing to the rise and prices are looking to increase over the next few years as the Southern Nevada economy improves. Nonetheless, the overhang of property held in weak hands seems likely to prevent a sharp acceleration in either home prices or construction.

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